Sri Lanka is in the midst of a financial and energy crisis, with high inflation and fuel shortages caused by poor economic management and the Covid-19 pandemic. To manage these issues, the government ...
As most of the world focuses on overcoming the Covid pandemic that has raged on for the last two years amid a backdrop of a war in Ukraine and rising inflation rates, Sri Lanka is in the midst of a ...
Sri Lanka, an island of 22 million people, continues to be in the grip of its worst economic and political crisis since independence on 10 February 1948. Since April there have been protests against ...
Hundreds of Sri Lankan protestors recently took to the streets, frustrated with the South Asian country's worst economic crisis in seven decades. As a resident of Sri Lanka's capital, Colombo, it is ...
Sri Lanka's president spoke to Newsweek about disaster recovery following the cyclone and geopolitical relationships.
Once again, the country is forced to seek a bailout from the IMF – with all the costs and benefits that entails. The ongoing economic crisis in Sri Lanka is one of the worst that the world has seen in ...
With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year. But my research suggests that the country might not ...
COLOMBO, Dec 15 (Reuters) - Sri Lanka's economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way back from its worst financial crisis in ...
Citizens of Sri Lanka have done more than just protest and make their voices heard in recent weeks regarding what they view as bad economic conditions. The people have gone way beyond that, storming ...
The total economic losses incurred are estimated to be around $6-$7 billion. This is more than the country’s foreign reserves ...